Investigation of Effects of Corporate Reporting Quality, Timeliness and Quantity for Disclosure and Reliability of Financial Reports on Stock Price Delay

Advances in Mathematical Finance and Applications

مقاله 7، دوره 1، شماره 1، مهر 2016، صفحه 67-83   

نوع مقاله: Research Paper

شناسه دیجیتال (DOI): 10.22034/amfa.2016.526245

نویسنده

Ahmad Hoseini^*

Department of Accounting, Arak Branch, Islamic Azad University, Arak, Iran

چکیده

This paper aims to investigate the effect of firm reporting quality, timeliness and
quantity for disclosure and reliability of financial reports on the reaction of stock
price delay. Statistical population includes 111 active firms in Tehran stock exchange
during 2010-2014 using Cochrane method with the confidence level of
95%. Totally, they were 555 firms-years. In this paper, linear and nonlinear regression
tests have been used to investigate the research hypotheses, analyze the
data and examine the hypotheses using Eviews software. Results indicated that the
score of disclosure quality, timeliness and reliability affected the stock price delay;
also, the mentioned effects were confirmed in the firms with high risk of lack
of funds.

کلیدواژه‌ها

Firm reporting quality؛ disclosure timeliness؛ financialreports reliability

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